GENERAL NEWS

Some aggrieved customers of collapsed financial institutions in Ghana who are yet to retrieve their funds have threatened to destabilize the country even if part of their funds are paid. They are demanding full payment of their locked-up funds. Anything short of that, they note, will leave them with no …

Former Finance Minister, Seth Terkper, has stated that the government has failed to properly account for oil revenue generated since it came to power. Speaking on the 2020 Budget Statement and Economic Policy that was presented to Parliament Wednesday, he stated that the Finance Minister only presented figures on oil …

The Supreme Court has ruled that an application filed by the Special Prosecutor, Martin Amidu seeking to compel the Attorney General to retrieve some €47 million from Waterville is incompetent. This follows an application by Deputy Attorney Godfred Yeboah Dame questioning the legality of the writ. The Special Prosecutor dragged …

The government has revealed plans to provide accommodation for head porters or ‘kayayei’ in various parts of Accra. Finance Minister Ken Ofori-Atta said in the 2020 Budget Statement in Parliament on Wednesday that the construction of the hostel will begin in December 2019 at Agbogbloshie, a suburb of Accra. “Mr …

Finance Minister Ken Ofori-Atta says all is set for construction works to begin on the controversial National Cathedral. Presenting the 2020 budget in Parliament Wednesday, November 13, 2019, the Finance Minister said work on the project will commence in March next year. “Mr. Speaker, the interdenominational National Cathedral that will …

Special Prosecutor Martin Amidu on Wednesday clashed in court with Deputy Attorney, General Godfred Yeboah Dame. While the Special Prosecutor remarked “if you don’t respect me you can’t come to me”, the Deputy AG said Mr Amidu had no right to suggest his office was not working towards retrieving some …

Government says the Ghanaian economy has seen a complete turnaround in 32 months since the Akufo-Addo administration took over the running of the economy. Presenting the Financial Policy of the government for 2020 in Parliament on Wednesday, the Minister for Finance Ken Ofori Atta said economic growth has rebounded strongly …

The government has released GHS465 million to the Controller and Accountant General’s Department for onward disbursement to the District Assembly Common Fund (DACF). According to the Finance Ministry, an amount of GHS200 million was released on Monday, 11 November 2019 with the remaining GHS265 million was expected to have been …

Finance Minister Ken Ofori-Atta has said the Akufo-Addo government has dealt with the economic problems inherited from the previous administration. He told Parliament on Wednesday, 13 November 2019 during the presentation of the 2020 budget statement that the gains made are incontestable and significant to the wellbeing of Ghanaians. “We …

The Minister of Finance, Ken Ofori-Atta has described the year 2019 as “a very good year for Ghana.” According to him, this was evident in the growth recorded in the various sectors of the economy. “This is the year that one can confidently say that God’s blessings of the hard …